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Condo for Sale in New York (manhattan), New York, Manhattan, NY 10026 | Web ID: 988239 | $625,000

 
Condo in New York - Saint Nicholas  Manhattan, NY 10026Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-2Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-3Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-4Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-5Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-6Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-7Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-8Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-9Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-10Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-11Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-12Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-13Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-14Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-15Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-16Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-17Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-18Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-19Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-20Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-21Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-22Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-23Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-24Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-25Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-26Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-27Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-28Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-29Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-30Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-31Condo Saint Nicholas  Manhattan, NY 10026, MLS-988239-32
 

Property Description

This Renovated Two-bedroom South Harlem Condominium Presents A Compelling Opportunity For Both Homeowners And Investors Alike. Delivered Vacant, The Residence Offers The Flexibility To Move Right In Or Immediately Generate Income, Depending On Your Strategy. For Investors, Projected Performance Reflects An Estimated 4.5% Cap Rate With Strong First-year Cash-on-cash Potential Based On Current Market Rents Of Approximately $3, 700/month. Llc Purchasing Is Permitted, And The Condominium Structure Supports Leasing With Board Approval And A Standard Right Of First Refusal, Offering Greater Flexibility Than More Restrictive Ownership Types. Defined Layout. Flexible Second Bedroom. Western Light Where It Matters. Thoughtful Functionality Throughout. This Efficiently Arranged Two-bedroom South Harlem Residence At St. Nicholas Court Is Well-positioned For Both End-user Comfort And Consistent Rental Performance. A Proper Entry Foyer Creates A Natural Separation From The Main Living Space And Immediately Stands Out With Custom Wall-mounted Shoe Racks—a Highly Practical And Rarely Seen Built-in Feature That Maximizes Storage While Keeping The Home Organized From The Moment You Arrive. The Living And Dining Area Is Comfortably Proportioned, Allowing For A Variety Of Furniture Configurations While Maintaining A Clean, Usable Footprint For Both Everyday Living And Entertaining. The Adjacent Renovated Kitchen Is Polished And Functional, Featuring Stainless Steel Appliances, Recessed Lighting, Ample Cabinetry, And A Garbage Disposal—an Operational Convenience Not Commonly Found In Comparable Homes. Both Bedrooms Are Tucked Away For Privacy And Benefit From Western Exposure, Bringing In Consistent Afternoon And Evening Light. The Primary Bedroom Features Mirrored Closets And Comfortably Accommodates A Queen-sized Bed And Additional Furnishings. The Second Bedroom Offers Flexibility As A Guest Room, Home Office, Or Additional Sleeping Space, Supporting A Variety Of Living Or Rental Configurations. The Updated Bathroom Features Floor-to-ceiling Tilework, A Glass Shower Partition, A Modern Vanity With Integrated Storage, And Clean Contemporary Finishes Designed For Durability And Ease Of Maintenance. Located In South Harlem Just Blocks From Central Park North, The Home Is Moments From The Harlem Meer, Conservatory Garden, And The North Woods—key Lifestyle Drivers For Both Residents And Tenants. Transportation Is Highly Convenient With The Nearby 2 And 3 Express Subway Lines Providing Direct Midtown Access In Approximately Twelve To Eighteen Minutes To Times Square During Peak Hours. St. Nicholas Court Is A Well-maintained Condominium Offering Practical Amenities Including A Laundry Room And Bike Storage. Pets Are Permitted. A Key Advantage Of The Building Is Its Bulk Spectrum Package (approx. $86/month Included In Common Charges), Which Includes Cable, Premium Streaming, And High-speed Internet At Around 500 Mbps. Comparable Services Would Typically Cost Approximately $160–$200+ Per Month If Purchased Separately, Allowing Owners To Effectively Offer A Higher Net-effective Rent Value To Tenants While Keeping Ownership Costs Streamlined. With Efficient Design, Strong Natural Light, Low-maintenance Finishes, And Flexible Use Potential, This Property Presents A Compelling Opportunity For Both End Users And Investors Seeking Long-term Value In Manhattan.

Property Information

Location/Town New York
Area/County Manhattan
Post Office/Postal City New York (Manhattan)
Prop. Type Condo for Sale
Style Other
Tax $5,228.00
Bedrooms 2
Total Rooms 4
Total Baths 1
Full Baths 1
# Stories 7
Year Built 1915
Basement None
Construction Block, Brick
Pets Cats OK, Dogs O
Cooling Wall/Window Unit(s)
Heat Source Baseboard
Util Incl Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Pets Cats OK, Dogs O
Condition Actual, Updated/Remodeled
Patio None
Days On Market 52
Window Features Aluminum Frames, Blinds, Double Pane Windows
Lot Features City Lot, Corner Lot, Near Public Transit, Near School, Near Shops
Parking Features None
Tax Assessed Value 42033
Tax Lot 1021
Association Fee Includes Common Area Maintenance, Exterior Maintenance, Sewer, Snow Removal, Trash, Water
School District Manhattan 3
Middle School Frederick Douglass Academy Ii
Elementary School Stem Institute Of Manhattan
High School Frederick Douglass Academy Ii
Features First floor bedroom, first floor full bath, breakfast bar, built-in features, ceiling fan(s), entrance foyer, high speed internet, open floorplan, quartz/quartzite counters, recessed lighting, soaking tub
Listing information courtesy of: NextHome Residential

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Fax: 718-896-7020

 

 

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